Defined Benefit (Pension) · DOL Form 5500 · 2022
Siemens Corporation Pension Plan
Data updated 2026-08-11
- $1.5B
- Total assets
- 5,058
- Participants
- 99th
- Percentile by assets
- $294,947
- Avg per participant
Official DOL plan name: Siemens Pension Plan · Sponsored by Siemens Corporation · New Jersey · Management of Enterprises
$1.5B in assets, 5,058 participants
Siemens Corporation's Siemens Pension Plan reported $1.5B in total assets and 5,058 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #1,157 in Management of Enterprises (1,193 peers)
Coverage in New Jersey
Siemens Pension Plan covers 5,058 participants in New Jersey, 6.0x the typical New Jersey plan (state average ~844 per filing). Assets: $1.5B.
- $1.5B
- total plan assets (2022 EOY)
- 5,058
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $294,947
- avg assets per participant
The plan reported a net loss of $475M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Siemens Pension Plan reports 5,058 participants - 6.0x that state average ($1.5B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | -$475M |
| Employer EIN | 132623356 |
| Plan Effective Date | 1965-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Siemens Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 31,106 | $9.1B |
| 2023 | 2 | 32,258 | $10.5B |
| 2024 | 2 | 33,914 | $11.2B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Siemens Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Scale composition for Siemens Pension Plan
Siemens Pension Plan reports $1.5B in end-of-year assets across 5,058 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $294,947 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2022 was -$475M.
This plan identity (EIN 132623356, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $1.4B (-3.9%) while covered participants moved from 5,058 to 4,187 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,058 | $1.5B | This page |
| 2023 | 4,505 | $1.5B | Open filing |
| 2024 · index core | 4,187 | $1.4B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Siemens Savings Plan (401(k), $9.8B, 29,727 participants)
- Siemens Pension Plan (Defined Benefit (Pension), $1.4B, 4,187 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Siemens Pension Plan by total assets, not by location.
- Supervalu Inc. Retirement Plan (MN) $1.5B · 1,536
- Lsc Communications Pension Plan (IL) $1.5B · 3,293
- Indiana Laborers Pension Fund (IN) $1.5B · 9,896
- The Cultural Institutions Pension Plan (NY) $1.5B · 6,188
Frequently Asked Questions
How did Siemens Pension Plan assets move in 2022? ▼
How have Siemens Corporation plan assets changed over time? ▼
Where does Siemens Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Siemens Pension Plan? ▼
Next read for Siemens Pension Plan
Filing takeaways
Ways to act on Siemens Pension Plan's numbers.
- By total assets, Siemens Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Siemens Corporation's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Management of Enterprises plans